ABSTRACT

Currently, the intellectual world is on the threshold of a great new revolution. In the propagation of knowledge, the internet is the third most important advancement in human history. The first was the invention of writing, with printing being the second revolution. Even twenty years ago, literature search was a laborious, time consuming and highly inefficient exercise. The internet has revolutionised this search. It is no longer necessary for a scholar to store innumerable reprints and memorise what each reprint contained or even where it was. Science and technology parks and universities may not help industries to design the next year’s model of a car, or of any other product, but they will help them to develop profitable businesses of the future. Dual-use technology is one area that is of particular concern for India. In the current technology era, what nations need most is not financial capital; it is intellectual capital. That is where wise nations will invest.